Welfare-ranking ad valorem and specific tariffs under monopolistic competition
| Autor: | Jan Jørgensen, Philipp Schröder |
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| Rok vydání: | 2005 |
| Předmět: | |
| Zdroj: | Canadian Journal of Economics. 38(1):228-241 |
| Popis: | Actual trade and tariff policy prefers ad valorem tariffs to specific tariffs. Yet in this paper we show that, in a setting of monopolistic competition, realizing a given restriction on imports via a specific tariff would generate more consumer utility than obtaining the same restriction via an ad valorem tariff. |
| Databáze: | OpenAIRE |
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